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Akash Anand

2gether launches 2GT utility token internationally on Bounce

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The past few months has seen the cryptocurrency market perform better than most traditional assets out in the world. This positive sentiment has been a key factor contributing to new developments and innovations in the space. 

2gether, the popular collaborative cryptic trading platform, was the latest player to shake things up in the industry with the listing of its 2GT token on Bounce, a decentralized platform that specializes in auction style ICO’s and NFTs. The ETH generated from the Bounce trades will be utilized for the 2GT/ETH liquidity pools on Uniswap.

According to reports from within the company, 2gether will be issuing 10 million 2GT tokens for a week before issuing the token on Uniswap sometime between March 5-12. 2gether further informed us that over the past few years the company has distributed over 20 million tokens to users. Since 2gether’s launch three years back, over 50 percent of its users are counted as designated founders. 

The cryptocurrency market’s growing relevance was again evidenced when 2gether statistics showed an 83 percent rise in 2GT trading between December 2020 and January 2021. Rising trading figures even during a pandemic was proof of the community’s confidence in the platform. Over the past three years, 27 million 2GT tokens worth $1.6 million were purchased off 2gether.

Ramon Ferraz, the CEO of 2gether had said:

“Over the last three years, 2gether has been working on increasing the utility of the 2GT token to further develop our Founder’s Plus Programme and beyond, while emphasizing compliance with the European Commission’s regulatory frameworks with the guidance of the crypto-specializing legal experts at Uría Menéndez’s Digital Law Group. The crypto boom of the last few months has empowered the company to succeed in its token issuance mission, and the 2021 roadmap brings new initiatives and projects that will add new layers to the 2GT’s utility.”

To put things into perspective, 2gether has been building its token utility since the end of Bitcoin’s 2017 bull run. The company has gone about achieving its functionality goals by envisioning the Founder Plus Programme at its core. Each part of the 2gether membership level comprises its own levels that can be scaled by purchasing or earning 2GT tokens. Users and fans of the platform rejoiced when it announced that interested parties from outside Europe could also conduct trades.

2gether added that the 2GT tokens will also be issued on Uniswap soon by utilizing the proceeds from the current Bounce issuance. An exact 50 percent of the ETH prceeeds will be directed towards 2GT/ETH liquidity pools. Additionally, users who stake their 2GT/ETH in the Uniswap liquidity pool will receive a 0.3 percent yield reward. Uniswap was not the only place where users could handle their 2GT tokens as other external wallets have also been given permission. 

 The token launch was one step in taking 2gether towards the mainstream realm. The platform currently operates in 22 countries with a user growth rate of a whopping 500 percent. Sources close to the company are hoping that the tie-up with Bounce will only enable it to better the burgeoning cryptocurrency ecosystem. 

BeFaster.fit bets big on emerging markets like India as application launch draws near

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As the cryptocurrency market continues on one of its biggest price shifts in history, investors all over the world are reacting to the news differently. Some countries like the United States were on their way to embrace crypto while nations like India were heading in the opposite direction. 

Since lifting the old cryptocurrency ban in 2018, India has seen a massive surge in cryptocurrency usage and trades. Several companies directed their attention to the emerging market with major exchanges like WazirX getting acquired by Binance. Now with another ban potentially on the horizon, people were getting antsy about the future of digital assets in India. But not Tron Europe or BeFaster.fit.

BeFaster.fit’s commitment to combining blockchain technology with the idea of fitness was the initial foundation for its popularity. The company has since built on that commitment by launching services and features catering to the user. Even in a country like India where cryptocurrency regulations are on the fence right now, BeFaster.fit was gaining steady traction. 

BeFaster.fit has repeatedly stated that the community was its core building block and they would do everything in their power to provide them with a seamless experience. The dedicated Indian Befaster.fit community is also being prepared for the application’s launch and handling the post-release operations. Several Indian users are BFCH  also waiting with bated breath to tread the blockchain ecosystem’s waters.   

Ever since its creation, BeFaster.fit has made it a priority to show users that it was not just another run-of-the-mill decentralized application. The application has gone through multiple testings over the past couple of months so that users can avail the best possible experience from it. Along with the application.

BeFaster.fit also includes the token which now has its own ecosystem and workings. With countries like India starting to adopt healthier lifestyles, it is only a matter of time before applications like Befaster.fit becomes a household name. Befaster.fit CEO Irina Manilitsch had earlier stated that:

“BeFaster.fit rewards people for an active lifestyle. They run and consume. As an investor you earn money directly from this.”

The cryptocurrency ban in India has not yet been confirmed but support for the fight against it is already picking up momentum. Big names in the Indian cryptocurrency ecosystem have made their voices heard about the cons of banning a burgeoning asset. Even if there is a crypto ban, Befaster.fit has assured users that their blockchian marvel would conintue to tick along smoothly. 

THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL

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The worlds-leading trading platform Bityard announced about teaming up with Paxful, one of the biggest cryptocurrency platforms when it comes to buying and selling Bitcoin

About Bityard:

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Bityard has been setting the pace in the world of cryptocurrency trading. Bityard offers safe, fast, and secured contract trading, spot exchange, and copy trading to over 50 cryptocurrency pairs and Derivatives.

Bityard is well regulated and compliant with international laws. Bityard remains one of the few trading platforms allowed in the USA.

The user-friendly interface, the low transaction fee (0.05%), and many other features have made Bityard become the best platform on the lips of many traders.

Users can still earn on Bityard even without depositing, through incentive programs like the Mining program, social media contest, etc.

Bityard offers a whooping $258 welcome bonus to new users (terms and conditions apply).

The Bityard’s customer service is always available 24/7.

To register on Bityard click here.

Now let’s throw more light on Paxful.

This article contains things you need to know about Paxful.

WHAT’S PAXFUL?

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Paxful is the next generation peer-2-peer bitcoin marketplace with over 2million+ users around the world. The paxful company was founded in 2016 (5yrs ago) by Ray Youssef (CEO) and Artur Schaback (CPO), both of whom had connections with New York.

Paxful has 4 offices around the globe with over 200+ Employee, Paxful services are also offered in 21 different languages.

WHY PEOPLE USE PAXFUL;

Paxful company has 2million+ users, here are the factors behind it;

Super human efforts;

Paxful put more extraordinary effort to see that its users get the best quality of services. Paxful is changing the concept of impossibility in the lives of billions around the world.

People oriented platform;

Decisions taken at paxful are always made with the people’s interest at heart.

Paxful always communicate with users, asking for their feedback/opinions, in other to creating something even better.

Product offered by Paxful;

Paxful is well known for the high-quality services they offer to their users, there include;

–People-Powered Technology;

a

Paxful is entirely peer-to-peer, which means that, paxful users actually trade with real people in real-time—the way bitcoin was meant to be used.

-Free Crypto Wallet

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Paxful crypto wallets are reliable, easy-to-use, and don’t cost a dime. Paxful digital wallet provides a very safe place for users to store their wealth — no matter who you are or where you’re from or where you leave.

-Users fund security

c

Safety and security are the Paramount factors on paxful when it comes to users fund. All trades on Paxful are protected by paxful secure escrow service to guarantee peace of mind.

AIM OF PAXFUL;

The aim of paxful is a simple one, which is to empower the forgotten four billion unbanked and underbanked communities, so they can have control of their money in a way they’ve never done before.

SUMMARY;

Bityard and paxful are two giant platforms that care so much about their users. The teaming up of these two platforms will ensure that people get the best quality of service when it comes to cryptocurrency trading.

The partnership between Bityard and paxful is surely a Game changer.
Bityard works at making complex contracts simple and easy, while paxful aims at empowering the forgotten four billion unbanked and underbanked communities, so they can have control of their money in a way they’ve never done in the past.

Click here to register on Bityard.

CryptoLocally Community Votes To Add Dogecoin

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As the cryptocurrency market is on a green tear, several organizations are out to make sure users have the best experience online. Popular cryptocurrency exchange, CryptoLocally has listened to the beat and has listed Dogecoin on the platform for users to trade.

The popular peer-to-peer exchange stated that it’s focus on simplicity and security would drive the market forward. According to the company, Dogecoin’s recent market performance was an eye opener for everyone and ignited massive interest across the spectrum. With analysts predicting a meme coin rise, it makes sense to keep an eye on cryptocurrencies like DOGE.

Dogecoin will join a roster of multiple cryptocurrencies on CryptoLocally’s GIVernance ecosystem. This would allow faster integration and seamless use of the cryptolocurrency with its compatriots. Being the first and “truly decentralised P2P exchange”, CryptoLocally also allows it’s GIV token holders to vote on proposed value adding changes on the platform.

An official CryptoLocally release said:

“Token holders can submit projects for listing. The community then votes to approve or reject the proposal. DOGE traders will now be able to take advantage of CryptoLocally’s extensive payment options, allowing them to purchase DOGE using their local currency. On the other hand, current CryptoLocally customers will be able to partake in the current DOGE bull market and join the DOGE community.”

One of Dogecoin’s main attractions is it’s fast blockchain network and negligible transaction fees. This has made it something near and dear to a very niche cryptocurrency community. Some members of the cryptocurrency community have even compared it to Litecoin in terms of trading parameters.
Dogecoin (DOGE)

Celebrities and industry leaders took the liking of DOGE, often sharing memes of the beloved Shiba Inu dog mascot and sending its price to the moon. Among these influencers is no other than the richest man in the world, Elon Musk, whose endearing tweets send crypto bulls into a Dogecoin buying frenzy.

Dogecoin uses Scrypt protocol like Litecoin but has a one-minute block time compared to Litecoin’s two and a half. In other words, Dogecoin offers faster transactions and confirmations. Dogecoin never positioned itself as a payment network like Litecoin, but it seems more than able to compete with Litecoin or any other altcoin for that matter.

DoubleJack’s ICO To Enable Users Across The World The Possibility To Access €250 Million Lottery

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The multi-billion dollar igaming industry grew exponentially over the last few years, but geo-blocking parameters have restricted several users to partake in igaming. Gone are the days when the sector was constrained to traditional dos and don’ts. With blockchain in the picture, igaming industry is now at a pivotal stage to enable millions more to play.

Thanks to DoubleJack, a global financial technology startup, access to igaming is now a possibility for millions more. And their mission is all about philanthropy and insurance-building.

DoubleJack launched its Tron-based utility token “DJACK,” which is essentially designed to offer users, who are geo-blocked by regional barriers, access to its lottery platform and its associated benefits. The funds from the utility token DJACK sale will be utilized to develop its insurance program and sell insurance-linked securities (ILS). This, in turn, will enable the firm to offer a much larger jackpot.

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How is DoubleJack changing the paradigm with the help of its utility token DJACK?

The startup does not just grant buyers access to its platform to help them purchase lottery tickets. But the token will also afford buyers several unique opportunities immediately upon purchase that have never been imagined before. Here are some of the ways in which DoubleJack aims to bring in the much-needed changes in the industry:

Influencer income: This is a passive income wherein the DJACK token holders will be able to earn by becoming influencers and sending referral QR code links to other people. The official document briefed that for every 20 people who receive a referral code, the influencer can earn a passive income that ranges from as low as $100 to as high as $6 million. The earning is dependent on the influencer’s DoubleJack.Club status. These incomes, which are essentially passive in nature, are distributed from one-third of the lottery’s total jackpot.

Philanthropic opportunities: This is where the philanthropy element emerges. Influencers are urged to develop their own charitable initiatives and donate to local charities with the passive income they receive.

Wealth-management option: Winners of the lottery jackpot will be provided with the opportunity to work with Turner Little wealth management firm in a bid to assist the winners to not just reach their personal but also their business objectives.

Breaking down geoblocking barriers and empowering everyone to rake in a passive income and become involved in charitable endeavours is what DoubleJack aspires to bring to the table. In this pursuit to bolster its philanthropic lottery ecosystem, DoubleJack is using the utility token sale to accumulate the funds to build its own captive insurance company and provide insurance-linked securities to institutional and accredited investors.

The influencer program, which was launched at the end of 2020, is anticipated to be a huge success.

Tron Europe Ups The Ante with Freeze Smart Contract Launch

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Cryptocurrencies and their neighboring industries have enjoyed a stellar run over the past couple of weeks with the bull reigning supreme over the bear. To ensure that customers can fully utilize the positive sentiment, companies like Tron Europe is stepping up their game in terms of updates and developments. 

Just two weeks back, Tron Europe released its native TERC freeze smart contract aimed to create an even more robust environment for TERC holders. Tron Europe stated that the feature’s inclusion came at a time to build up the BeFaster application launch. 

Trom Europe featured in the news multiple times over the past year after its promise to revolutionize the decentralized network. The BeFaster application launch has been much talked about among the Tron and fitness community with ardent fans counting down the days. The latest freeze smart contract is a calculated step to let the ecosystem hit the ground running. 

According to the release by Tron Europe, the organization proceeded to give rewards to frozen TERC on 31 January. The official statement added:

“In the transition phase we will distribute rewards to both, frozen and not frozen TERC. So don’t miss your rewards and freeze now. Soon after this, you can check your freeze details on our new SR-TRON-EUROPE DASHBOARD on Tron-Radar! We are supporting Tronlink and every compatible browser extension and Dapp browser with our freeze smart contract. With Tronlink you can even use your ledger hardware wallet to freeze.”

Tron Europe has admitted on several occasions that early adopters of TERC were the real heroes and its recent launches act as evidence for the same. With the freeze smart contract, users will be able to build their own stack of coins. The project will then choose the longest freezer period to show support for the ecosystem. Users will also benefit from the freeze time as the time is used to generate rewards. As made crystal clear by Tron Europe:

“Every TERC holder will have the possibility to adjust his freeze time between high liquidity and higher bonus rewards.”

The TERC rewards are calculated based on the TRX rewards that users get for voting on the Tron blockchain. This was done to facilitate the growth of the Tron blockchain. Rewards are calculated by multiplying a user’s TRX per vote by the Tron Europe rewards rate. Token holders also have the chance to climb up the rewards system with a minimum buy-in of 1000 TERC frozen tokens. 

TE Rewards

TERC holders also have the option to get full rewards till the point of unfreezing. Privacy and speed were the needs of the hour as TE doubled down on its cheap transaction mantra. Once the BeFaster application launches, more users are expected to flock towards the TERC ecosystem. It is only a matter of time before more information is revealed that is sure to drive the buzz around the cryptocurrency market all the way up to eleven. 

Tron continues its rodeo as market excitedly calls for new updates

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Over the past couple of days, the cryptocurrency market has seen a divisive shift in the sentiments with a lot of users jumping on the digital asset bandwagon. It is not just Bitcoin that was on a bull tear as altcoins such as Ethereum, XRP and Tron also enjoyed their time in the sun. 

Justin Sun’s Tron, having been in the shadows for some time, has begun to wave in the digital asset industry. The price of Tron was not the only factor that emerged, as a number of personalities also started their buzz around the popular cryptocurrency.

The new year began with a number of positive updates from across the industry, with major players doubling down the wave. Justin Sun had also recently talked to Bloomberg about the age of memecoins and how it could act as a stepping stone to further developments.Tron also changed their energy and bandwidth spectrum from 40SUN to 140SUN. This came after the Tron Foundation approved the No.51 request to vote for the blockchain.

At press time, Tron traded for $0.056 after a 62.93 per cent increase in value over the previous week. The 20th-ranked cryptocurrency held a market cap of $3.9 billion and a 24-hour trading volume of $4.47 billion. Cryptocurrency fans expect BSV to overtake in terms of a market cap of $4.13 billion.

The hype around Tron has reached such a crescendo that even mainstream stars like Lindsey Lohan have begun to talk about it. On February 11, Lindsey Lohan tweeted about Tron and its features, betting on a bright future. The Hollywood star said the following:

“Exploring #DeFi and already liking $JST, $SUN on $TRX. Super fast and 0 fee. Good job @justinsuntron”

Tron has positioned itself as a competitor of Ethereum with the sole aim of improving the trading ecosystem. The first major resistance level of Tron broke at $0.052 at an intraday low of $0.04112. Right now, analysts expect Tron to test the resistance at $0.055 before any price drawdown occurs. Only time will tell if the price swing is still going the bull’s way.

Cryptolocally adds Solana [SOL] as Exchange Looks out for Surge in New Customers

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The cryptocurrency market attained massive coverage over the past couple of weeks due to the significant rise in prices and acceptance across the globe. As bigwigs like Tesla revealed their involvement with Bitcoin, the talk surrounding the world’s largest cryptocurrency took a turn for the better.

As more people have their interest piqued by digital assets and what they do, it becomes imperative that companies in a position of power use their resources to help customers. That is exactly what CryptoLocally has done by listing Solana [SOL] on its peer-to-peer marketplace. This move was seen as one of several steps intended to bring further decentralization to the Solana trading ecosystem.

Sources close to CryptoLocally stated that Solana’s addition to the platform will only elevate the exchange’s status in terms of customer experience. Solana, commonly referred to as SOL is an open-source, highly functional crypto project. It leverages the blockchain’s permission-less nature to seamlessly provide high utility decentralized finance or DeFi solutions.

Solana’s rising popularity in the cryptoverse has only enabled it to become more open in terms of region wise trading. Both Solana and CryptoLocallay are working towards providing a decentralized platform for users that is safe and simple to use. With the listing, Solana aims to become more actively traded which will in turn benefit CryptoLocally users.

The team at Solana have added that the token is head and shoulders above its counterparts in terms off usability and functionality. In their latest press release they said:

“ Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized applications (DApps). While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.”

CryptoLocally believes in functionality and that aligns with the latest Solana listing. The integrated functions within SOL brings down the overall validation time and speeds up contract execution. Users will be able to tap into the power offered by SOL by navigating CryptoLocally’s waters.

CryptoLocally’s native community can also be excited for the future as GIV holders have voted to list DOGE soon. The latest rise in the ‘memecoin’ value has created a new market for new entrants. The exchange has assured its users that it will stick to the same basic trading principles that has allowed it to become an industry favourite.

Bityard Becomes Fan Favorite As Exchange Begins Offering Features On Top of Copy, Margin Trading

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The cryptocurrency market has been on a massive surge over the past couple of days as major tokens breached all-time highs unheard of before. This positive sentiment acted as the perfect playing field for a lot of cryptocurrencies to onboard more long-term customers.

Bityard, the Singapore based cryptocurrency exchange was one of the few early players who accounted for the needs of the customer. By launching features such as margin trading and copy trading, the exchange captured the attention of the ecosystem while Bityard users applauded its versatility.

Bityard made a name for itself when its officials assured its users that all traders, veterans or newbies, will be treated to the same features. The exchange received a boost when it launched its copy trading feature which allowed uninitiated users to follow the trading patterns of experienced professionals. The copy trading feature was launched on the back of its demo trading addition which garnered praise from the ecosystem.

Using the demo trading feature, customers can practice a trade without investing any money of their own. To ensure that customers had a seamless experience, Bityard allocated a whopping 100,000 USDT for the demo. What makes the experiment even more successful was the fact that users could test out demo trading for just $5.

The other Bityard feature that stood out was copy trading, where freshers could copy the trade patterns of experienced professionals and reap the rewards. An official release had stated:

“On Bityard, when a user starts copying an advanced trader, there is no more action needed to take for the user afterwards. The trader who is copied will conduct an in-depth crypto investment strategy and start trading for all other users who copy the trader.” https://www.tronweekly.com/bityard-doubles-down-on-copy-trading/

Bityard has also launched several promotional events that give customers a chance to win large prizes. The exchange’s Welcome Bonus included a $258 USDT prize where $4 USDT could be earned simply by changing the username. Apart from bonuses, Bityard also offers free mining which is considered an essential addition to the platform. The organization also conducted a surprise contest where customers were asked to predict when Bitcoin would breach the $20,000 mark.

Apart from the aforementioned features, one of Bityard’s most attractive features was its focus on privacy and regulations. The exchange has licenses from four different regulators from the United States, Singapore, Estonia, and Australia. In less than a year since its launch, Bityard has made waves in the cryptocurrency ecosystem unparalleled anywhere. With a packed roadmap and its sights set on further developments, Bityard is surely out to make the digital asset world a better and more streamlined place.

BeFaster.fit’s BFHT Trading Event Kicks Off On LATOKEN As Ecosystem Gushes In Joy

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The current cryptocurrency bull run has brought fresh blood into the ecosystem with developments going on in full swing. In the midst of the price surges, established cryptocurrency organizations like BeFaster.fit was taking full advantage of the momentum.

As 2021 dawned across the world, BeFaster.fit announced details of the native Holder Token trading competition. The BFHT Token contest is set to bring in more customers into the BeFaster.fit roster while being conducted on the trading platform, LATOKEN. 

Reports from BeFaster.fit revealed that the BFHT trading competition will go on from its start date of December 31, 2020, to January 21st, 2021. BeFaster.fit had garnered a lot of attention during last year’s lockdown period when the internet was flush with news about its focus on fitness.

Upon launch, the BFHT token had stirred the cryptocurrency pot as several major players took notice. The special investor token determines the number of tokens ” held in relation to the total token supply”. One of the best parts of the token is that it can be recorded in the blockchain and tracked in the wallet. 

Participants will be required to trade a minimum amount of 5 BFHT tokens during the contest on LATOKEN’s account to become eligible for the contest. Once the competition commences, the Top 10 winners will get a share of a whopping 1000 BFHT token. According to BeFaster.fit and LATOKEN, the token trading volume is calculated as the sum of the number of buys and the number of sells. 

United States citizens would need to wait a bit longer to take part in the contest with plans to launch still being in the discussion stage. Winners of the contest are set to be ranked according to each eligible user’s trading volume. To claim their rewards, winners will have to pass LATOKEN’s native Know-Your-Customer process. This step was taken to ensure total safety and security during the contest.

The Twitterverse has been abuzz about the competition over the past couple of days and officials expect the positive sentiment to only rise. BeFaster.fit executives had earlier stated that the native application will be ready to launch soon, with the latest competition acting as a springboard. Once the BeFaster.fit application is out for public access, customers will be able to take their workout on the decentralized network to the next level.